 |
| January 9, 2008 1:35pm ET |
|
TORONTO (Dow Jones)--Wellington West Capital Markets Inc. announced its top picks for 2008, highlighting nine stocks from five segments of the Wellington West coverage universe that have "potential to outperform their benchmark indices and peers over the year." In a research report Monday, several Wellington West analysts discussed stocks from the energy, mining, technology, agriculture, and "special situations" segments. Energy Analyst Malcolm Shaw cited Calgary oil and gas company Antrim Energy Inc. (AEN.T) as a top pick, saying he believes Antrim is on-track for production of about 30,000 barrels of oil a day by the fourth quarter of 2009. He maintained the stock at strong buy with a C$9.50 target price, but noted that the company's potential 2009 cash flow could drive its share price up to C$16. Shaw also recommended Sterling Resources Ltd. (SLG.V), which trades on the TSX Venture Exchange, at speculative buy with a C$4.50 target. Analyst Kim Page recommended Calgary oil and gas producer Breaker Energy Ltd. (WAV.A.T) at strong buy with a C$8.50 target, noting that drilling at the company's Irricana project is driving "extraordinary" light oil volume gains. The company's light oil mix is increasing, Page said, adding that its oil/gas ratio should be 50% or more oil by the middle of 2008. Mining Leonie Soltay recommended Toronto resource sector royalty and investment company Franco-Nevada Corp. (FNV.T), rating it at buy with a C$20 target. Soltay's 2008 royalty revenue estimates are supported by strong 2008 commodity outlook, and the company's diversified royalty portfolio and limited costs support a 2008 cash-flow estimate of 98 U.S. cents a share, the analyst said. Analysts Catherine Gignac and Robertson Velez recommended Inter-Citic Minerals Inc. (ICI.T), citing drilling results from the company's Dachang project in China, which continues to return consistent grades and widths. They rate the Toronto mining company's stock a buy with a C$3.25 target. "Special Situations" Analyst Greg Colman recommended Arctic Glacier Income Fund (AG.UN.T), a Winnipeg-based distributor of packaged ice products, at strong buy with a C$15.50 target. He said the company should start to realize synergies in mid-2008 from acquisitions completed in 2007, noting that Arctic Glacier's steady growth story offers "attractive free cash flow generation stemming from seven years of successful industry consolidation." Analyst Robert Winslow recommended COM DEV International Ltd. (CDV.T) at strong buy with a C$6 target, citing "healthy" macro tailwinds such as the ongoing satellite replacement and HDTV rollout. He added that high U.S. space defense spending is also a positive for COM DEV product demand. COM DEV, Cambridge, Ont., makes space hardware components and subsystems. Agriculture and Technology Winslow also recommended agriculture company Cervus LP (CVL.UN.V), which trades on the TSX Venture Exchange, at strong buy with a C$24 target. Greg Reid recommended technology company IPICO Inc. (RFD.V), which also trades on the TSX Venture Exchange, at strong buy with a C$2.50 target. Wellington West has investment-banking relationships with all the companies recommended save for Cervus L.P. None of the analysts own shares in the companies they covered. Company Web sites: http://www.antrimenergy.com, http://www.sterling-resources.co.uk, http://www.breakerenergy.com, http://www.franco-nevada.com, http://www.inter-citic.com, http://www.arcticglacierinc.com, http://www.comdev.ca, http://www.cervuslp.com, http://www.ipico.com
-Tara Zachariah, Dow Jones NewsWires; 416-306-2100
(END) Dow Jones Newswires 01-09-08 1334ET Copyright (c) 2008 Dow Jones & Company, Inc. |
Wednesday, January 9, 2008
Wellington West Announces 2008 Top Picks
PDP IS Going To Explode Soon - Buy Cheap Today
Getting No Respect At All- Buy Them While They're Cheap
This Is A Double Within 3 mths
This Is A Double Within 3 mths
Click For Full .PDF report
AN PDP INTERVIEW WITH ANDY GUSTAJTIS,
ANALYST WITH DOMINICK AND DOMINICK
(As of November 28, 2007)
D.P: There is an interesting play in South America after
what you have mention about Latin America – Petrolifera
Petroleum, which has had a little bit of problems in Argentina,
but for anyone who has seen the seismic on their
projects in Peru gets excited.
A.G: With Peru's Camisea Gas Project, Peru is now on
the radar screen as a country that has the potential for
elephant discoveries.
There is a pipeline into the Pacific Coast; there are moves now underway to bring this gas by
LNG into North America.
I think Petrolifera has a very competent, technical team running the Company.
They have been very successful in Argentina, they hand-picked
the two licenses they got in Peru. They obtained those
licenses before the global oil industry woke up to the opportunities
in Peru. The early seismic is confirming they
have a huge opportunity which will take time but I am not
long the stock for a short term flip.
With success Petrolifera could be a multi-billion Company.
These type opportunities are extremely hard to land.
A.G: Being a little bit of a gambler, I would basically think that Pacific Energy (if they could get this refinancing accomplished and out of the way) could prove to be quite an exciting story. I would put them as my number one favorite. I’m hopeful that we are going to see some new contracts being announced from Sustainable Energy in the next few weeks,
if not months and if that happens, I think the stocks could get some momentum and move to new highs. And I still think that Connacher is so unbelievably undervalued in relationship to what it offers, that I would have to put Connacher as a strong buy here.
Andy Gustajtis is an Officer and Managing Director of D&D Securities Company which is a member of the IDA and the Canadian Investor Protection Fund. His comments are believed to be reliable but we cannot represent that the information is accurate or complete and it should not be relied on as such. D&D Securities Company, its officers, directors or employees from time to time may hold shares, options or warrants on any issue included in this interview. D&D Securities Company has actively participated in financing of ARISE Technologies, Corridor Resources, Connacher Oil & Gas, Sustainable Energy and Pacific Energy. Comments made should not be construed as an offer or solicitation to buy or sell and securities.
AN PDP INTERVIEW WITH ANDY GUSTAJTIS,
ANALYST WITH DOMINICK AND DOMINICK
(As of November 28, 2007)
D.P: There is an interesting play in South America after
what you have mention about Latin America – Petrolifera
Petroleum, which has had a little bit of problems in Argentina,
but for anyone who has seen the seismic on their
projects in Peru gets excited.
A.G: With Peru's Camisea Gas Project, Peru is now on
the radar screen as a country that has the potential for
elephant discoveries.
There is a pipeline into the Pacific Coast; there are moves now underway to bring this gas by
LNG into North America.
I think Petrolifera has a very competent, technical team running the Company.
They have been very successful in Argentina, they hand-picked
the two licenses they got in Peru. They obtained those
licenses before the global oil industry woke up to the opportunities
in Peru. The early seismic is confirming they
have a huge opportunity which will take time but I am not
long the stock for a short term flip.
With success Petrolifera could be a multi-billion Company.
These type opportunities are extremely hard to land.
A.G: Being a little bit of a gambler, I would basically think that Pacific Energy (if they could get this refinancing accomplished and out of the way) could prove to be quite an exciting story. I would put them as my number one favorite. I’m hopeful that we are going to see some new contracts being announced from Sustainable Energy in the next few weeks,
if not months and if that happens, I think the stocks could get some momentum and move to new highs. And I still think that Connacher is so unbelievably undervalued in relationship to what it offers, that I would have to put Connacher as a strong buy here.
Andy Gustajtis is an Officer and Managing Director of D&D Securities Company which is a member of the IDA and the Canadian Investor Protection Fund. His comments are believed to be reliable but we cannot represent that the information is accurate or complete and it should not be relied on as such. D&D Securities Company, its officers, directors or employees from time to time may hold shares, options or warrants on any issue included in this interview. D&D Securities Company has actively participated in financing of ARISE Technologies, Corridor Resources, Connacher Oil & Gas, Sustainable Energy and Pacific Energy. Comments made should not be construed as an offer or solicitation to buy or sell and securities.
From the Stock Bullboards- Curveball Does Your Homework
| SUBJECT: To buy or not to buy ... | Posted By: Curveball | |||
| Post Time: 1/8/2008 22:54 | ||||
| » | ||||
Definetly not a stock for the faint of heart or the exicitable. Good thing they produce Gold Thought I had better take another Turns out Q3 was quite good for I was wondering if it's possible ZINC 65M lbs /qtr @ $1.10/lb = $71M Total works out to 106M in sales If direct costs and treatment and I believe the fully diluted share BWR also holds around $30M of Not sure if what they are doing with |
Subscribe to:
Posts (Atom)
